FORT WORTH

With only days left in the current labor agreement, Lockheed Martin Aeronautics and its Machinists union have agreed to a tentative contract, aiming to avoid a debilitating strike at the massive Fort Worth plant where the F-35 stealth fighter is built.

Negotiators for Lockheed and the International Association of Machinists and Aerospace Workers District Lodge 776 agreed to a proposed six-year contract late Wednesday that is longer than the two sides have inked in the past, boosts wages by 16 percent and preserves healthcare coverage and pension benefits.
Read more here: Lockheed Martin, Machinists union in Fort Worth reach tentative contract agreement | The Star-Telegram